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pennies from heaven

11/22/12 1:02 PM

#4597 RE: scumbutt #4590

I don't play the pennies much anymore. Lost too much money, against what I made. This was in 2005. I started building my portfolio with big blue chips with high dividends, then buy something else with the dividends. I have my streaming from Scottrade on about 3x a week and might pick up a cheap(over $1.00) like FTR, with high divs( FTR is 9% yield. ) While I'm watching I go into BB Stock Heaven and see what is mentioned, and then do alittle DD. Well months ago I put ELAY on the screen and just watched it, inbetween my others. On Thurs., when I saw this dropping, looked for news or something, why? Didn't see anything except good, and the high of .08 and low float. So I had to sell my Bank of America stock, LOL, which I was in at high 4"s, and sold at low 9's. I might of sold on Fri, but I had to wait 3 days for it to clear, since this wasn't a margin account. It was nail biting time, but was forced to hold. Was taking a big chance. Where we are now, and got to know alittle more, I probably won't sell too quickly.